New Wave Holdings, Inc.'s 'Good Gravy!' Signs Agreement as Exclusive Online Shopping Rebate Platform for Leading News and Multimedia Firm

FORT WAYNE, IN--(Marketwired - Jun 2, 2016) - New Wave Holdings, Inc. (OTC: NWAV), an electronic payment services and solutions company, announces today that its wholly owned subsidiary, Good Gravy! executed a Contract on Tuesday, May 31^st with a leading news and multimedia company reaching the largest single audience of any media company in Northeast Indiana.

This includes an online readership of approximately 95,000 monthly readers, a print readership of over 200,000 monthly readers and average monthly digital impressions of 522,000.

Good Gravy! (https://GoGoodGravy.com) is an online shopping platform launching later this month for public use that allows users to collect rebates on each and every purchase across 4000+ national and online retailers. Good Gravy captures a percentage of each and every rebate generated by transactions, net of the face value promoted to users.

The media company will be utilizing a unique shopping URL to direct shoppers to the Good Gravy platform in a profit-splitting arrangement with Good Gravy on each and every transaction.

In addition, the media company has committed to employing marketing dollars and resources to promote the URL through its standard marketing channels in print, digital and social media and include prominent links on its various publication websites, including northeast Indiana and the five Michigan and Ohio counties bordering the territory.

The companies meet Monday, June 6^th to discuss marketing and deployment.

Good Gravy's flagship model works to provide non-profits with a free tool that allows each and every rebate dollar generated by supporters, to support the non-profit through a 'passive giving' model, enabling users to earn money for their organization with convenient everyday shopping at nationally recognized retailers such as Macy's, Target, Best Buy, Petco and more.

It will include iOS and Android companion apps, along with Browser tools and geotargeted notifications (optional for user) reminding users when they are near a retailer that offers rebates via the Good Gravy platform.

Upon launch for public use this month, Good Gravy founders Steve Devine and Mark B. Newbauer will be making contact with ideal user candidates such as Amnesty International, Oxfam and Chive Charities.

Good Gravy also works to provide tools in the for-profit realm, to be used as a loyalty/rewards platform, employee benefits and more.

Ebates, a platform similar to that of the new rollout, recently sold for $1 billion with only 2.5 million users on board, the price tag justified by the user data these types of programs can capture, which will have the platforms valued on factors well beyond profits.

If there is interest in sharing either platform with an organization you are passionate about, please email us at info@newwaveholdings.com so we can set up a call to discuss.

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New Wave Holdings is a Holding Company focused in electronic payment services and solutions with a focus in bringing innovative prepaid programs to market. The company strives to be a leading contender in the issuance of prepaid solutions and services that are both highly marketable and with socially conscious profitability.

SchoolFuel, LLC is a Company dedicated to innovative fundraising solutions for schools, universities, club teams, churches and more! Its inaugural programs include an e-commerce cash-back platform and a General Purpose Reloadable Debit Card which uses a patent-pending process to effect donations for consumer chosen non-profits.

Forward-Looking Statements Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward- looking statements to reflect events or circumstances after the date of this release.